How stock repurchases differ from dividends: Using the same information from the preceding question, approximately how much will you receive by waiting until after the ex-dividend day and then selling the shares in the market?
A) You will receive about $13,500 by selling after the ex-dividend day.
B) You will receive about $14,775 by selling after the ex-dividend day.
C) You will receive about $14,512 by selling after the ex-dividend day.
D) You will receive about $15,000 by selling after the ex-dividend day.
Correct Answer:
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